PlayStation 4’s Suggested Price and Cloudy Future

How much will Sony's next console cost us? How much cloud gaming will we be doing? Will we be able to control the games with our thoughts?! These are questions that might be answered on February 20th, 2013, during Sony's big announcement!

According to The Verge, a report from Japanese publication, Asahi Shimbun, suggests that the PlayStation 4 will cost 40,000 yen (roughly $428) at launch. They believe that Sony will price the next console relatively lower than what is expected because of the initial trouble that the PlayStation 3 had when it launched for $599 in the US in 2006.

But it's not exactly set in stone that Sony will announce its next console on February 20th, since the company only said that we'll be seeing the future of PlayStation.

Still, if they were to announce a new console, the Verge says that Nikkei has its own report that slates February 20th as the day for the reveal. They also state that the PlayStation 4 will use cloud gaming from Gaikai, the company that Sony purchased last year that specializes in the service.

In an interview with Bloomberg Business, Sony CEO Kaz Hirai said, "In regards to the cloud, one of the things that you probably saw is our acquisition of a company called Gaikai. That is a company that’s going to propel the movement of the video game business into the cloud space very quickly."

We have less than two weeks to go before the big announcement. What do you think, Arcade Sushi readers? Will we see the reveal of the PlayStation 4? Maybe they'll announce a new service called PlayStation Plus+? Let us know your thoughts in the comments!